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Dec 10, 2012
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on friday there was a preliminary measure of consumer sentiment from the university of michigan that showed a big drop after four months of gains. i can't help but wonder if that's because of all the coverage of the fiscal cliff and how much it plays into the news media. at this point maybe that's a sign for washington, guys, hurry up and get something done, because this really is starting to matter. >> can't emergency until maybe just recently did anyone really said, wow, am i going to get junior this gift? >> everything we talked about is how consumers were still hanging in. but it's two-thirds of the economy. >> a couple weeks ago, consumers and businesses alike weren't really investing. they were only spending exactly what they had to to sort of get themselves to the end of the year and that any longer-term investment really wasn't happening. they were putting it on hold. >> where are you on the aussie discharge? >> oh, no. >> the ones who called up and crank called -- >> well, i do believe that, you know, they had to think that they weren't going to get through. i made a prank c
on friday there was a preliminary measure of consumer sentiment from the university of michigan that showed a big drop after four months of gains. i can't help but wonder if that's because of all the coverage of the fiscal cliff and how much it plays into the news media. at this point maybe that's a sign for washington, guys, hurry up and get something done, because this really is starting to matter. >> can't emergency until maybe just recently did anyone really said, wow, am i going to...
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Dec 10, 2012
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if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing persist. last week, striking workers protested that their jobs were being outsourced. employers denied sending jobs abroad. however, there is evidence that some industries are ramping up outsourcing. consulting firm the hackett group estimates since 2002, 663,000 jobs from large u.s. companies have gone abroad, mainly from industries like information technology, human resources, finance and purchasing. by 2016, the firm says another 375,000 jobs will have gone to places such as india, china, mexico and the philippines. just one day after apple reveals it will manufacture some of its products in the u.s., foxconn says it may follow suit. foxconn, apple's primary manufacturer in china, says it is considering expanding its operations in the u.s., where it currently has two factories. foxconn has seen its image suffer of late following revelations that workers are subjected to poor working conditions and ma
if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing persist. last week, striking workers protested that their jobs were being outsourced. employers denied sending jobs abroad. however, there is evidence that some industries are ramping up outsourcing. consulting firm the hackett group estimates since 2002, 663,000 jobs from large u.s. companies have gone abroad, mainly from industries like...
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Dec 10, 2012
12/12
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connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for instance, you saw in wisconsin. they put on a referendum on the november ballot saying we want to constitutionally banned the right of right to work. unions defeated the governor, one of the governor's favorite laws which is this emergency manager walt which he is trying to use to desperately save michigan cities that are desperately in trouble, including detroit. connell: he was forced, in your view. he maybe it would not have done it if it was not for that. >> the emergency managers law. connell: the idea that he is in support of it. [talking over each other] connell: is the union movement, you know, is it over, is the tide turni
connell: groups of union workers expected to continue their protest against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for instance, you saw in...
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Dec 10, 2012
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this time in michigan. that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is q rea this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> is the u.s. consumer in trouble? the front page on this morning's "wall street journal" says yes. but are holiday sales and shipping proving otherwise? courtney reag
this time in michigan. that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can...
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Dec 10, 2012
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that's what president obama will be talking about in michigan today. keeping the public pressure on. but the part for the administrator point of view, tyler, is what do they live john boehner so he can bring his troops along, entitlement, spending cuts, to tell their members we got a good deal. >> john, i find it curious to find that president spent as much time as he has on the road trying to drum up support for this deal. we just had an election all about this. why does not white house figure that these kinds of appearances are helpful when both sides positions are pretty well locked in already? >> because this president and this white house have concluded that public pressure is what will make republicans bargain with him and deal on his terms. after the private grand bargain negotiations in the summer of 2011, they concluded they weren't simply going to do it behind closed doors with republicans. president went out and campaigned. he hammered republicans beginning in the fall of 2011. he won the election and he was trying to keep the pressure on to
that's what president obama will be talking about in michigan today. keeping the public pressure on. but the part for the administrator point of view, tyler, is what do they live john boehner so he can bring his troops along, entitlement, spending cuts, to tell their members we got a good deal. >> john, i find it curious to find that president spent as much time as he has on the road trying to drum up support for this deal. we just had an election all about this. why does not white house...
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Dec 10, 2012
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that built michigan. that is at the heart of the economic plan i been talking about all year long on the campaign trail. i want to get more americans to learn the skills businesses are looking for right now and get kids the kind of education they need to succeed. i want to make sure america leads the world and research and clean energy. i want to put people back to work rebuilding our roads and bridges and schools. that is how we grow an economy. i want to bring down our deficit. i want to do it in a balanced and responsible way. i want to tax code the rewards. manufacturers are creating jobs right here in redbird -- redford and michigan and the united states of america. that is where we need to go. that is the country we need to build. when it comes to bringing up manufacturing to america, that is why i am here today. since 1938 detroit has been turning out some of the best engines in the world. over all those years generations of workers have walked through these doors. not just to punch a clock or pick
that built michigan. that is at the heart of the economic plan i been talking about all year long on the campaign trail. i want to get more americans to learn the skills businesses are looking for right now and get kids the kind of education they need to succeed. i want to make sure america leads the world and research and clean energy. i want to put people back to work rebuilding our roads and bridges and schools. that is how we grow an economy. i want to bring down our deficit. i want to do...
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Dec 10, 2012
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it is good to see everybody in the great state of michigan. [ cheers and applause ] >> few people i want it acknowledge. the mayor of detroit is in the house. >> tracy schultz. we've got -- >> the daimler plant. let's get on the dsk settlement. jackie at hq, what are we learning? >> a in, city judge approved a settlement in the civil case against dominique strauss-kahn. details are confidential. the accuser's lawsuit again the new york post has also been settled. we will bring you more as soon as we have it. thank you. back to you. >> thank you, jackie. >>> up next, is the apple growth story over? >> and sale fail. why does jc penney keep changing its strategy? ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. enjoy free shipping and great values sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. hav
it is good to see everybody in the great state of michigan. [ cheers and applause ] >> few people i want it acknowledge. the mayor of detroit is in the house. >> tracy schultz. we've got -- >> the daimler plant. let's get on the dsk settlement. jackie at hq, what are we learning? >> a in, city judge approved a settlement in the civil case against dominique strauss-kahn. details are confidential. the accuser's lawsuit again the new york post has also been settled. we will...
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Dec 11, 2012
12/12
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president obama visiting an auto plant in michigan. he talked about the fiscal cliff and the need a middle class families. on c-span3, discussion about iran's security program. all that tonight at 8:00 p.m. eastern. "washingtonning on" journal" a look at the fiscal cliff. we will hear from jim do yle on how the fiscal clefted affected businesses and charles clark of the executive media group. earlier today, gene sperling reemphasize the obama registration tax on the wealthy. >> when you think again that we have an economy that is capable of having more winner take all outcomes. progressive taxation is not about redistribution. it is not about populism. it is about a national commitment to pay it forward. those of us who have benefited most from the innovation of the past seven obligation to pay for it to make sure we are giving this generation and the next generation the same building blocks in terms of education research so that they have the same chance to grow and prosper. in that sense, paying down deficits loss still investing is
president obama visiting an auto plant in michigan. he talked about the fiscal cliff and the need a middle class families. on c-span3, discussion about iran's security program. all that tonight at 8:00 p.m. eastern. "washingtonning on" journal" a look at the fiscal cliff. we will hear from jim do yle on how the fiscal clefted affected businesses and charles clark of the executive media group. earlier today, gene sperling reemphasize the obama registration tax on the wealthy....
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Dec 10, 2012
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david: president obama visiting a michigan auto plants today discussed in a fiscal crisis. our next guest argues in the long run they could see strong auto sales if ther there's no d% all. joining us now, edmunds.com chief economist. good to see you. how would we be better off if we go for the fiscal cliff at least in auto sales? @> we're better off because we're taking hard medicine now. do we want pay now and better later, or suffer now and not be better off later. lots of fixing to do. if we get a stronger growth path for taking more heart medicine now, that bodes well for the entire economy including auto sales. david: your bi are basically wht a compromise compromise will not solve anything. right? >> or worse, some that just extends the uncertainty. eventually compromise anything. no compromise at all because that is what is killing us right now, we're just played with this vast amount of uncertainty. business is almost paralyzed afraid to move forward with hiring, investing and is paralyzing the whole economy really been abll to move forward. david: how many folks ar
david: president obama visiting a michigan auto plants today discussed in a fiscal crisis. our next guest argues in the long run they could see strong auto sales if ther there's no d% all. joining us now, edmunds.com chief economist. good to see you. how would we be better off if we go for the fiscal cliff at least in auto sales? @> we're better off because we're taking hard medicine now. do we want pay now and better later, or suffer now and not be better off later. lots of fixing to do. if...
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there is thh message from the president in michigan. tracy: loud anddclear. housing short sales job ahead of new year tactics changes. one expert will tell us how it can impact the fragile recovery. ashley: first, a look at some of today's winners and losers. these stocks are doing well. cisco up about 2%. we will be right back. ♪ you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickl try fast, long lasting gaviscon®. ashley: the department of justice antitrust division breaking records this year. rich edson has the exclusive details. rich: the most in the 122 year history. nearly 50% increase over 2011. this data provided exclusively to fox business. it was confirmed by the justice department. or then a half billion dollars to auto department and executives. those and several other small the antitrust division says the ongoing investigation into other auto department companies could set up
there is thh message from the president in michigan. tracy: loud anddclear. housing short sales job ahead of new year tactics changes. one expert will tell us how it can impact the fragile recovery. ashley: first, a look at some of today's winners and losers. these stocks are doing well. cisco up about 2%. we will be right back. ♪ you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block...
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Dec 10, 2012
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president obama stopped in michigan. he will be talking about the economy and extending tax cuts. >> and again, of course live coverage of the senate later today. they will become at 2:00. we will hear from president obama will be making a stop in michigan. he's going to talk about the economy and extended tax cuts. he's been working on a deal with john boehner. they met yesterday to discuss the fiscal cliff. the president will visit a diameter eco-plant in redford. and as "the detroit news" reports, the company plans to announce $109 investment in that plan for new technology and expanding their production. you can watch the president's remarks live at about 2:00 eastern over on our companion network, c-span. >> friday, former reagan officials reflected on the 1987 negotiations on a nuclear missile treaty with the soviet union. the intermediate nuclear forces treaty, or inf, led to the destruction of thousands of europe-based nuclear missiles on both sides. speakers here will include former assistant secretary of state
president obama stopped in michigan. he will be talking about the economy and extending tax cuts. >> and again, of course live coverage of the senate later today. they will become at 2:00. we will hear from president obama will be making a stop in michigan. he's going to talk about the economy and extended tax cuts. he's been working on a deal with john boehner. they met yesterday to discuss the fiscal cliff. the president will visit a diameter eco-plant in redford. and as "the...